The head of the Russian Direct Investment Fund, Kirill Dmitriev, confirmed that the global aviation crisis, caused by rising fuel prices, portends more serious disruptions in other sectors.
Dmitriev wrote in English on the “X” platform: “In May, 12 flights were cancelled [worldwide]. As expected, the shock to the global aviation sector is spreading rapidly, and is a harbinger of more serious disruptions in other sectors.”
This statement comes in response to an article published in The Cuban Letter, which indicated that airlines around the world are canceling flights at an unprecedented rate.
A chart in the newspaper, based on data from the Financial Times, shows that airlines have cut the number of available seats by two million and the number of scheduled flights for May by 12 over the past two weeks.
Dmitriev had previously stated that the world is heading towards the biggest energy crisis in history due to record-high oil prices. The deteriorating situation in the global energy market is linked to the conflict in the Middle East and maritime tensions in the Strait of Hormuz.
